D ALLAS, Texas – When Texas Instruments opened the world’s most modern semiconductor manufacturing plant in Dallas in 2001, no one knew that this facility would become the first choreographed move in a unique “Texas Two-Step.”         On June 30, 2003, that’s exactly what happened when TI announced that it would build […]

H ungering for some good Tex-Mex cuisine? Well, you’re not alone.         Some of the world’s largest companies soon will be buying a lot of food in Texas and Mexico, which together captured four of Site Selection’s Top Ten Deals of 2003.         From Texas Instruments and Toyota in […]

orporate America is increasingly seeking ways to move real estate assets off balance sheets and free up capital for operations. The sale/leaseback model is a resourceful way to gain immediate access to cash and decrease debt. Sale/leaseback arrangements improve a firm’s debt-to-equity ratio and reduce depreciation and interest costs. What’s more, by selling a real […]

acilities services will play a strategic role in achieving corporate financial goals this year, a new study of corporate executives finds.         The research study by EMCOR Group Inc. of Norwalk, Conn., reveals a growing demand for facilities services among corporate real estate executives. According to the report, nearly half of all […]

I n December 2003, Canada’s new prime minister, Paul Martin, appointed Jim Peterson as his minister of international trade after sweeping into office himself earlier in the month. Martin, a former executive in the shipping and power industries, served as the country’s Minister of Finance from November 1993 until June 2002. Peterson worked under him […]

by MARK AREND W ho says a magazine that publishes just six times a year can’t break news stories? This issue, featuring our annual Governor’s Cup award for the state with the most new and expanded commercial facilities in 2003, is packed with news. Ohio has broken a several-year claim to the Cup held by […]

A ppropriately, the University of Washington Husky Marching Band played “Tequila.”         That 1958 oldie reflected the giddy buzz rippling through the gala toasting Boeing’s decision to bring its US$900-million 7E7 assembly plant to Everett, Wash. Both Boeing and Washington had similar reasons to celebrate. Each had mounted a bold gamble aiming […]

LCD Demand Spurs Huge New Plant Investment WHERE IT ALL BEGINS: Before any LCD panels can be made, you have to have the LCs. That’s why German concern Merck is investing more than $314 million in a new plant that will triple its crystal capacity. Growing demand for LCD (liquid crystal display) televisions and computer […]

  Dear IAMC members and prospective members: This month I am pleased to welcome many of you to the IAMC Professional Forum in Tucson, Ariz., March 13-17, 2004.         Our focus is top-notch professional education and executive networking exclusively for the industrial and manufacturing corporate real estate community. We strive to present […]

M anaging and communicating information regarding industrial construction projects to maintain accountability has long been a challenge for company owners. By providing fast access to centralized project information, Internet collaboration platforms are gradually gaining acceptance as a way to increase efficiencies, improve communications and curtail cost overruns.         Constructware (www.constructware.com), an Alpharetta, […]

E conomic development officials in Ohio are hoping their capture of the 2003 Governor’s Cup is the beginning of a repeat of the state’s three-year claim to the prize 10 years ago. In 1993 and for the next two years, Ohio won Site Selection‘s highly coveted Governor’s Cup, which recognizes the state in which the […]

Continue to: 2003’s Top Metros – “Chicago Dominance More Than Mythical”

T wo independent sources of foreign direct investment intelligence essentially concur where business expansion and relocation in 2003 is concerned. Both Conway Data’s New Plant database, which has tracked such activity for 40 years, and IBM Business Consulting Services-Plant Location International’s (IBM-PLI) GILD (Global Investment Location Database) make the same case: Corporations are not shutting […]

F orget about the Curse of the Billy Goat. Chicago is America’s No. 1 market for new and expanded corporate facilities for the third year in a row.         According to data from Site Selection‘s New Plant Database, Chicago registered more project activity than any other U.S. metropolitan area in 2003. Longsuffering […]

T he road to boomtown travels up through the heartland of America and arrives at a place called Traverse City, Mich.         Ranked for the second year in a row by Site Selection as the No. 1 small town in America for new and expanded corporate facilities, Traverse City exemplifies a community […]

R ecord sales of cars and trucks around the world in 2003 fueled a new round of facility expansions among transportation equipment manufacturers.         According to data from Site Selection‘s New Plant Database, transportation equipment manufacturers accounted for more new and expanded plants last year than any other industry.       […]

E ast side, west side, biotech research parks are going up all around the town in Baltimore. Two major bio parks are in the works that figure to enhance Maryland’s already strong presence in the field. Maryland’s biotech industry has been ranked as the third most concentrated among U.S. states and includes more than 300 […]

T he North American customer contact center industry, historically in a constant state of flux, has seen turbulence rise to new levels over the past year. Sea changes have been aplenty whether it be the early returns of the Do Not Call registry’s effect on telemarketing jobs or increased offshoring of inbound customer service jobs […]

ith office vacancy rates low and rents high on what is available, quality office space is scarce. And, even though vacancy rates may be rising in the industrial property sector, many companies want a custom-designed facility that fits their specific needs, but they do not want to purchase the building. What’s more, lenders and developers […]

ore communities, regions and states are turning to the concept of Cluster Development. The advantages of close relationships between key industries and their suppliers, complementary industries, economic development and support institutions have been proven in many regions around the world.         But how do corporate real estate executives, site location consultants and […]

by MARK AREND O n the occasion of my turning 40 in November, a slightly older, out-of-state friend sent me an e-mail, saying, “Welcome to the prime of your life – it’s better over here.” As Site Selection turns 50, my colleagues and I are busy making sure the next 50 years of publishing this […]

from Site Selection’s 50th Anniversary issue: January 2004 NORTH AMERICAN REPORTS Scripps Building in Florida, But Will Cluster Come? The Business Development Board of Palm Beach County spent over a year and some $57.6 million to get this site ready for Scripps. by JACK LYNE Scripps will build it in Florida. But will they come, […]

  Dear IAMC members and prospective members: Fifty years ago, McKinley “Mac” Conway founded what would become Site Selection, the premier publication in its field, then and now. Not long thereafter, he and a few pals founded an organization of industrial developers interested in furthering the fields of economic development and corporate real estate through […]